ACC – Key Dates & Information
Below is a message from ACC about some upcoming key dates:
We acknowledge that it is a difficult time for businesses, and we remain committed to supporting you and your members where we can. I’ve got a couple of important updates that I thought would be relevant for you and for your members.
Self-employed invoicing
ACC commenced its annual invoicing for the 2021/22 levy year in July this year for employers and shareholder-employers, with most of these having been invoiced already. These levies provide cover for injuries that occur in the workplace. We’ve also been communicating with Self-Employed businesses to prepare them for invoices being sent in September.
Any delay to invoicing will result in due dates or collection dates falling over the Christmas period – which we are keen to avoid. As noted, most other businesses (and wage earners) have already been invoiced and any decisions to delay invoicing, as was done for all businesses in 2020, would result in due dates or collection dates falling over the Christmas period.
ACC is willing to offer what support it can to individuals and businesses where COVID-19 is having any significant impacts on cashflow and ability to pay ACC levies. If an individual or business needs to discuss their situation, you can find options for support on ACC’s website. Please note that if an individual’s earnings were impacted by COVID last year, this will flow through to the earnings filed with IR and used by ACC for self-employed invoicing.
Levy consultation
ACC will be consulting on proposed changes to levy rates and other levy matters during September.
The consultation process allows for associations like yourself the opportunity to consider the levy proposals and submit feedback which ACC will consider before providing advice to the Minister.
We review levy rates based on factors including the number of claims we receive, the cost of supporting injuries and investment returns.
Like the last time we consulted on levies in 2018, all the proposals and submissions forms for feedback will be available on shapeyouracc.co.nz and this will be updated when levy consultation goes live on 1 September.